Pre-IPO Sector News
July 7, 2021
Last week, Didi Chuxing raised $4.4 billion in its IPO at a $73 billion valuation (fully diluted basis). A few days following Didi’s IPO, China’s cybersecurity division decided to remove Didi’s app from the app store due to Didi’s improper collection of customer’s personal information.
Discord acquired Ubiquity6, an augmented reality startup.
Duolingo filed its S1 for its upcoming IPO.
Robinhood filed its S1 for its upcoming IPO.
Roman Health (Ro) acquired Kit, an at-home diagnostics startup.
SentinelOne raised $1.2 billion in its IPO at a $10.5 billion (fully diluted basis).
ServiceTitan raised $200 million at a $9.5 billion valuation. In addition, the company acquired Aspire Software, a commercial landscaping startup.
The news articles and links presented below are available for your reference.
DIDI CHUXING
“China's Didi Raises $4.4 bln in Upsized U.S. IPO”
“China is Reining in One of its Most Successful Tech Businesses Just Days after its US IPO”
DISCORD
“Discord Acquires Augmented Reality Startup Ubiquity6”
DUOLINGO
“Language-learning App Duolingo Files for U.S. IPO, Reveals Revenue Surge”
ROBINHOOD
“Robinhood has 18 Million Accounts with $80 Billion in Assets after Rapid Growth, IPO Filing Shows”
ROMAN HEALTH
“Ro Buys Kit, a 17-month-old Startup That Offers at-home Health Testing”
SENTINELONE
“SentinelOne Exceeds IPO Goal to Raise $1.2 Billion”
SERVICETITAN
“ServiceTitan Closes $200M Series G; To Acquire Aspire; Reaches $9.5B Valuation”